Mixed-Use Building with
For Sale
$795,000
517 N Main St, Spearfish, SD 57783
Renovated mixed-use building offers three commercial spaces and three residential units with six paved off-street parking spaces.
Property SizeContact for details
Days on Market94
Property Features for 517 N Main St
General Information
Standard status
Active
Total Parking Spaces
6
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Year Built
1940
Year Renovated
2007
Listing Agency:
RedStone Properties
Listed By:
Mark Young · License #177
(605) 641-1000
Source:
Watsonhennesseygroup
Added: Jul 22
Changed: Oct 17
Last Checked: Oct 23 at 9:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RedStone Properties
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Investment Insights
Based on property information with market context.
This remodeled mixed-use building includes three commercial spaces and three residential apartments, creating six income streams in one property. The building is 100% occupied and has an established occupancy record. Improvements include modern utilities and appliances, along with a stucco exterior and a covered front entrance.
The property features six paved off-street parking spaces and a roof made up of half rubber membrane and half asphalt composition shingles, described as being in top shape. It is located on Main Street in Spearfish.
The overall setup provides a combined commercial and residential configuration designed for steady, dual-use occupancy, supported by the current full occupancy mentioned in the offering details.
The property features six paved off-street parking spaces and a roof made up of half rubber membrane and half asphalt composition shingles, described as being in top shape. It is located on Main Street in Spearfish.
The overall setup provides a combined commercial and residential configuration designed for steady, dual-use occupancy, supported by the current full occupancy mentioned in the offering details.
Key Highlights
- Mixed‑use building (built 1940) with 3 commercial spaces and 3 residential apartments
- Completely remodeled in 2007 with modern utilities and appliances
- Six paved off‑street parking spaces
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
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Business Placement
Demographics for 57783, SD
16,165
Population
8,347
Households
1.9
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
213.2 sq mi
ZIP Area
76
Density / Sq Mi
$64,970
Median Household Income
$35,014
Median Earnings
$946
Median Rent
$332,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated mixed-use building offers three commercial spaces and three residential units with six paved off-street parking spaces.
Where is this mixed-use property located?
The property is located at 517 N Main St Spearfish, SD.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Mixed‑use building (built 1940) with 3 commercial spaces and 3 residential apartments; Completely remodeled in 2007 with modern utilities and appliances; Six paved off‑street parking spaces
